Industry News

Hoffmann to Pay $20 Million for Audacy St. Louis Stations

The asset purchase agreement recently filed with the FCC imgindicates that St. Louis-based Hoffman Media Group will pay Audacy $20 million for its six-station cluster that includes news/talk stations KMOX-AM/FM, KFTK-FM, and four music outlets. Hoffman Media Group is a subsidiary of Hoffman Family Companies and recently acquired the St. Louis Post-Dispatch.